Back to top
more

Franklin Floating Rate Daily Access Fund Advisor Class: (MF: FDAAX)

(NASDAQ Mutual Funds) As of Apr 2, 2026 05:36 PM ET

$7.24 USD

0.00 (NA)

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

2-Buy of 5   2      

View All Zacks Mutual Fund Rank #1's

Zacks Premium Research for FDAAX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Buy 2
MF Report

Fund Description

The fund was incepted in May 2001 and is managed by Franklin Advisers. The objective of this fund is to seek investors with as high a level of current income and preservation of capital as is consistent with investing primarily in senior, secured floating rate loans. The fund invests at least 80% of its net assets in 'adjustable-rate U.S. government mortgage securities.' The fund offers dividends monthly. The fund distributes capital gains, if any, in December.

Load Information

Ticker Max
Load %
Deferred
Load %
Red.
Fee %
12B-1
Fee %
Mgmt
Fee %
Expense
Ratio %
Franklin Floating Rate Dly-Acc Adv FDAAX NA NA 0.00 0.00 0.57 0.68

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
Franklin Floating Rate Dly-Acc A FAFRX 7.31 4/30/2001 7.82 3.03 7.58 6.13
Franklin Floating Rate Dly-Acc C FCFRX 7.31 4/30/2001 7.40 2.62 7.15 5.70
Franklin Floating Rate Dly-Acc Adv FDAAX 7.24 4/30/2001 8.07 3.43 7.89 6.41

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
Franklin Floating Rate Dly-Acc Adv FDAAX 0 0 0 M

Contact Information

Family Franklin
Address One Franklin Parkway
San Mateo, CA 94403
Phone 800 342-5236